Tag: contract administration
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Federal contracts cannot simply be sold along with a business. Here are answers to common questions about novation agreements, change-of-name agreements and the size rules that follow a transaction.
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Equipment and materials the government provides or pays for remain its property and come with record-keeping and care obligations. Here is how FAR Part 45 works in general terms.
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A 1940 law lets contractors assign payments under a federal contract to a financing institution. Here is how the Assignment of Claims Act works and what lenders and contractors must do to use it.
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A GSA Schedule needs regular care to stay useful. Here is a mid-year maintenance routine covering modifications, catalog accuracy, sales reporting and the records GSA may review.
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A contract ends when closeout is complete, not when the last deliverable lands. A checklist for final invoices, releases, property, records and the past performance story you will tell for years.
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Every federal contract lets the government end it early. A convenience termination compensates the contractor for work done; a default termination is a finding of failure with lasting consequences.
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A cure notice and a show-cause letter are formal steps toward a possible default termination. Each tells you exactly what the government believes is wrong and invites a response that can change the outcome.
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When government actions add cost or time, federal contracts offer two paths to recover: the request for equitable adjustment and the formal claim. Here is how they differ and what makes either succeed.
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A base period plus options is the most common structure in federal services. Here is what an option is, how the government decides to exercise it and the dates and signals worth watching.
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Few contracts end as they were signed. The type of modification determines who must agree and what rights each side has, and the scope question decides whether a change is even allowed.